tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

WAM Global Ltd. Announces Change in Shareholding Structure

Story Highlights
WAM Global Ltd. Announces Change in Shareholding Structure

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

WAM Global Ltd. ( (AU:WGB) ) has issued an announcement.

WAM Global Ltd. has announced a change in the indirect holding of shares by Geoff Wilson, the Chief Investment Officer of WAM Strategic Value. The change arises from WAM Strategic Value receiving WAM Global shares as scrip consideration for Templeton Global Growth Fund shares. An independent board committee of WAM Strategic Value will now make decisions regarding these shares, and they will be excluded from the WAM Strategic Value investment portfolio managed by Wilson Asset Management (International) Pty Limited. This change signifies a shift in the management and oversight of these shares, potentially impacting the company’s operational dynamics and stakeholder interests.

More about WAM Global Ltd.

WAM Global Ltd. operates in the financial services industry, focusing on investment management. The company provides asset management services and is known for its strategic investment decisions in global markets.

Average Trading Volume: 229,891

Technical Sentiment Signal: Buy

For a thorough assessment of WGB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1